N53W24950 S Corporate Cir Sussex, WI 53089

Marcus & Millichap is pleased to exclusively offer the Waukesha Industrial Portfolio, a 100 percent-leased, 38-suite industrial portfolio totaling 152,275 Square Feet across eight buildings in Waukesha County, Wisconsin. The portfolio is diversified across five infill submarkets within Greater Milwaukee and features granular tenancy, with no tenant accounting for more than 10% of portfolio rent.The portfolio is offered at $18,000,000, or $118.20 per square foot, representing a 7.41 percent in-place cap rate on $1,333,868 of annualized NOI. Pro forma NOI increases to $1,418,295, representing a 7.88 percent cap rate, driven primarily by contractual rent escalations through August 2027. The rent roll provides near-term mark-to-market upside, with approximately 72,500 SF rolling in 2026–2027 and in-place average base rent of $9.07 per Square Foot.Six of the eight buildings operate under triple-net lease structures with disciplined CAM recovery. Additional upside exists through WestAve CAM true-up, Travis NN-to-NNN conversion at renewal, and potential property tax contest recoveries not underwritten in the base pricing. The portfolio may be acquired in full or through defined offering packs: Singles, Two-Pack, and Four-Pack. 7.41%